Can I access my money at any time?

Investors have the option of withdrawing their invested loan parts via our secondary market. There are no fees to access Tracker Rate investments, there may be a fee for customers who wish to withdraw from the Fixed Rate product. See our Fixed Rate fee details for more information.

Tracker Rate Lending

Due to the floating nature of this product you can redeem your investment at any time and at no cost, subject to Landbay’s ability to reallocate the loan parts your investment is in to new investors on the secondary market.

Fixed Rate Lending

Once we have committed your funds to a loan, your money will be locked in for the duration of the term. Redeeming your Fixed Rate investment may be possible prior to completion of the fixed term, subject to Landbay’s ability to reallocate the loan parts your investment is in to new investors on the secondary market. Fixed Rate investments will be redeemed at the current market rate, which may be higher or lower depending on how rates move in the future.

Please note that the secondary market does not provide a guarantee that loan parts will be sold as the sale is dependent on new investments.

Additionally, if a borrower repays their loan early, your funds will be reallocated into your Landbay account and you can either opt to reinvest them, or to withdraw them. You will receive an email as and when this happens.

In the case of a loan in arrears or default, investments matched to these loans will not be able to be withdrawn. Our Reserve Fund will aim to cover any interest payments while a loan is in arrears as well as any losses which may result after the enforcement of the security. Read more about our Reserve Fund here.